The investment objective of the Fund is to achieve long-term capital appreciation while minimizing risks so as to achieve a higher return. This is attained by gaining
exposure to a wide range of international markets and providing exposure to various asset classes including commodity, equity indices, bonds, short-term interest
rates and currencies, employing a computer-based trading system. The system tracks the daily price movements in relevant markets and carries out certain
computations to capture macro-economic dynamics within a risk controlled framework by employing various algorithms. The output of the process is a portfolio of
financial contracts, derivatives or futures which will be rebalanced to minimise market impact and slippage. The Fund is not expected to exceed a maximum level of
leverage of 3,500% of the Fund’s NAV. However when disregarding short term interest rate positions, or in circumstances where they do not form part of the Fund’s
portfolio, the maximum expected level of leverage is expected to be less than 850%.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

-

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

-

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

-

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

-

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

-

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

-

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

-

Price movement

52 week high11195.05

52 week low8626.55

Current bid price-

Current offer price-

Current mid price8712.63

Region

1

International

100%

Industry sector

No data available.

Asset type

No data available.

Individual holdings

No data available.

Management

Fund manager group

DWS Investment

Fund manager company

Deutsche Asset Management SA

Fund type

Offshore Fund

Fund objective

The investment objective of the Fund is to achieve long-term capital appreciation while minimizing risks so as to achieve a higher return. This is attained by gaining
exposure to a wide range of international markets and providing exposure to various asset classes including commodity, equity indices, bonds, short-term interest
rates and currencies, employing a computer-based trading system. The system tracks the daily price movements in relevant markets and carries out certain
computations to capture macro-economic dynamics within a risk controlled framework by employing various algorithms. The output of the process is a portfolio of
financial contracts, derivatives or futures which will be rebalanced to minimise market impact and slippage. The Fund is not expected to exceed a maximum level of
leverage of 3,500% of the Fund’s NAV. However when disregarding short term interest rate positions, or in circumstances where they do not form part of the Fund’s
portfolio, the maximum expected level of leverage is expected to be less than 850%.

Benchmark

No Specified Index

Investment style

Multi Strategy

Investment method

Mixed

Fund manager

Name

Since

Biography

Marshall Wace LLP

31/08/2015

Marshall Wace LLP was founded by Paul Marshall and Ian Wace and was incorporated as a limited liability partnership on 16 May 2002 under the laws of England and Wales and is regulated by the FCA. It currently has approximately 120 employees. As of 1st May 2015 MW had approximately USD 11.6 bln under management and its registered office is at The Adelphi, 1/11 John Adam Street, London WC2N 6HT. The Group also has offices in New York and Hong Kong.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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